Core Banking software for MicroFinance

TrustBankCBS offers a Online and reliable platform to MFI to offer unique micro-finance products and services to its customers. MFI are often faced with an uphill task of providing banking services to underprivileged and unbanked customers.

End-to-End Core Banking Solution for Microfinance

  • TrustBankCBS Agency Banking solution is customized for MFI and is a perfectly crafted solution for field operations by field agents and credit officers.
  • The Agency Banking mobile app offers on-field customer/group on-boarding, KYC Compliance, and Field Operations automation.
  • The integrated TrustBankCBS backbone system facilitates approvals to field transactions AND other banking solutions and operations for MFI.
  • TrustBankCBSsolution transforms MFI operations to a single, unified platform for all offices / centers.

    • We also offer Software as a Service (SaaS) solution in the cloud for MFI. TrustBankCBS SaaS is a ready-to-start with no capex cost, minimum recurring infrastructure cost, while ensuring 99.99% uptime for Datacenter and DR Site with no infrastructure maintenance.

    Specially designed for MFI, TrustBankCBS MF Solution is the ideal solution for various forms of MicroFinance viz:

  • Micro Finance with only Lending Portfolio.
  • Micro Finance with Micro Savings and Caution Money Deposit Products.
  • A regular Bank with Micro Finance Products.

    • Solutions Offered


    Some of the key solutions specially designed for MFI Segment are provided below:

    KYC

    Member Registration, KYC Compliance, Group Creation, Approvals.

    Deposits

    Small Savings, Caution Money Deposit, Security Deposit Products.

    Credit Bureau Ratings Check

    Credit Bureau Ratings Check.

    Browser based Interfaces

    Browser based Interfaces for In-office Operations, Agency Banking Mobile App for Field Operations.

    Two Factor Authentication

    User Management with Two Factor Authentication, Digi-pass & Biometric authentication for Login, Digital Signing, Audit Trail.

    Loans

    Individual Member Loans, Group Loans for Self Help Group (SHG), Joint Liability Group (JLG). Group Loan Applications, Loan Origination.

    Field Meeting Workflow

    Field Meeting Workflow such as Scheduling of Group Meetings, Meeting Attendance, Meeting Reports.

    Centralized Settings

    Centralized Settings & Operations viz. Products Configuration, Charges Configurations, Interest Activities, Loans Ageing Classifications, Loan Loss Provisioning.

    Field Transaction Workflow

    Field Transaction Workflow such as Pre-disbursement Visit, Disbursements, Post-disbursement Visit, Repayments, Account Closure, Member Transfer.

    Financial Accounting

    General Ledger, Financial Accounting, Investments, Financial Statements for Branches and organization.

    Enterprise Applications

    Enterprise Applications of GST Tax Compliance, HRMS & Payroll, Fixed Assets & Inventory Management, Reconciliation, Audit & Compliance, SMS & Email Gateway Integrations.

    Business Intelligence Solution

    Business Intelligence Solution with Management Cockpit for real-time monitoring of operations, Graphical Reports on comparative analysis of branches, products and GL Heads, Branches and Staff Performance Analysis.

    Key Features

    Different Key Features of TrustBankCBS

    Architecture

    Agile & Scalable Architecture, Easy-to-use, User Friendly UI.

    Open Architecture

    Open Architecture, API Based Access to Third Party Systems.

    Agency Banking App

    Agency Banking App for online, real-time field operations.

    Investments Management

    Borrowings, Fund Management, Investments Management.

    Real-time Picture

    Real-time picture of Field Operation at branches, Maker-Checker Workflow, Central Approvals for Field Activities thro’ Agency Banking.

    Ad-hoc Reports Builder

    Embedded Reports Configurators, Ad-hoc Reports Builder.

    Graphical Analysis

    Graphical Analysis, Dashboards.

    Light and optimized Application

    Light and optimized Application, Optimized Bandwidth and Infrastructure requirement.

    Latest Technology

    Continual Upgradations to latest technology and trends in NBFC.

    Minimum Connectivity Cost

    Minimized Connectivity Cost, Mobile Internet sufficient for Field Operations.

    Compliance Reporting

    Continual updates to comply to ever evolving statutory compliance reporting environment.

    Web Security

    IpSec VPN and SSL VPN for Branch and Field Agents connectivity with Datacenter.

    Pre-configured work-flow

    Pre-configured work-flow, Industry Best Practices.

    SaaS Model

    Cloud Based SaaS model with 99.99% uptime for Data Center & DR Site.

    Value Delivered

    Effective Control of Field Operations.

    Effective Control of Field Operations.

    Customer Satisfaction

    Higher Customer Satisfaction, Retention.

    Optimized Software

    Optimized Software, Minimum bandwidth and infrastructure, reduced recurring expenses.

    Cost Effective

    Decline in Operations & Support Cost in Banking Services.

    360 degree view of customer.

    360 degree view of customer.

    Optimized utilization of resources.

    Optimized utilization of resources.

    360 Degree View

    360 degree view of branch and bank operations.

    Identify Revenue Leakages

    Minimize revenue leakages & expenditure.

    High Efficiency

    Increased Efficiency, Increased Staff Motivation.

    Analytics For Decision Making

    Sound & Quick decision making based on Analytics.

    Increased Revenues

    Increased Revenues & Profitability.

    Innovative Solution

    Innovative Solution.

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